Prepare a balance sheet using the given information

Reference no: EM132048288

Question: Prepare a balance sheet using the following information. The business has $12,000 cash, $2,500 in accounts receivable, $22,000 in inventory, and $46,000 in equipment. They have $6,800 in accounts payable, $2,600 in wages payable, $22,000 in mortgage payable and long-term loans. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132048288

Questions Cloud

What are african american parents experiences with aba : Conceptual Framework: Explains and justifies the choice of framework and aligns the framework to the research questions and purpose.

What is the minimum dollar amount you need to sell the goods : You are preparing to produce some goods for sale. You will sell them in one year and you will incur costs of $82,000 immediately.

Closest approximation of the lattice energy : Which of the following values is the closest approximation of the lattice energy of NaF: 682 kJ/mol, 794 kJ/mol, 924 kJ/mol, 1588 kJ/mol, or 3175 kJ/mol?

Considering two mutually exclusive projects : Cummings Products Company's cost of capital is 12% and the company is considering two mutually exclusive projects.

Prepare a balance sheet using the given information : Prepare a balance sheet using the following information. The business has $12,000 cash, $2,500 in accounts receivable, $22,000 in inventory, and $46,000.

Describe the meaning of multiculturalism in your own words : Describe the meaning of multiculturalism in your own words. Is the United States of America a multicultural country? Why or why not?

What was the total amount of bad debts expense : On January 1, 2014, the balance in Great Lakes Co.'s Allowance for Bad Debts account was $5,200. What was the total amount of bad debts expense recognized

What would be projected for equity at year-end : You are preparing pro forma financial statements for 2014 using the percent-of-sales method. Sales were $100,000 in 2013 and are projected to be $132,000.

Calculate the final temperature of the gas : Calculate the final temperature of the gas, in Kelvins, if the pressure is increased to 124 kPa and the volume decreases to 5.00 L.

User Account

All Pages